In the next few years, dairy farmers are likely to see big changes in the safety net that protects
them from crashing milk prices — including a first-ever comprehensive system to limit milk
production, the chairman of the House Agriculture Committee said.
Rep. Collin C. Peterson, D-Minn., said he believes the past year’s deep decline in milk prices
will result in momentum for fundamental changes in dairy policy when Congress considers the
five-year farm bill in 2012, as long as farm groups can find common ground and opposition
from milk processors can be kept to a minimum. For the full story click here.